Final Report by Bishnu Agrawal

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    A

    PROJECT REPORT ON

    DEMAND FOR NUMBER PORTABILITY IN YOUTH

    ATVIRGIN MOBILE

    CHENNAI

    SUBMITTED BY

    BISHNU AGRAWAL

    PROJECT GUIDE

    MR. REDDY

    Regional Manager, Virgin Mobile, Chennai

    FOR THE FULFILMENT OF

    MASTER OF BUSINESS ADMINISTRATION

    Long Beach Road, ECR, VGP Layout, Utthandi, CHENNAI-600 096 PH: (044)

    32554744

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    ACKNOWLEDGEMENT

    I FEEL FORTUNATE TO EXPRESS MY DEEP REGARDS TO VIRGIN MOBILE & ISBR,

    FOR CARRYING MY PROJECT REPORT.

    I EXPRESS MY DEEP SENSE OF INDEBTNESS TO MY DYNAMIC INDUSTRY GUIDE

    MR. REDDY, VIRGIN MOBILE, CHENNAI, FOR GIVING ME VALUABLE INPUTS, CO-

    OPERATION AND GUIDANCE WITHOUT WHICH I WOULD NOT HAVE BEEN ABLE

    TO COMPLETE THE WORK. FURTHER, HE HAS ALLOWED ME FOR GIVING OPEN

    SUGGESTIONS & SHARING MY THOUGHTS WHICH GAVE ME IMPETUS TO LEARN

    MORE.

    I EXPRESS MY THANKFULNESS TO THE ENTIRE TEAM OF VIRGIN MOBILE FOR

    GIVING ME LOVELY CO-OPERATION; I THANK ALL MY FRIENDS DOING PROJECT

    UNDER VIRGIN MOBILE, CHENNAI WHO HELPED ME PROVIDING IMPETUS TO

    LEARN MORE.

    I ACKNOELEDGE THE HELP & CO-OPERATION OF ALL THE RESPONDENTS.

    IM VERY THANKFUL TO ALL THE FACILITIES OF ISBR FOR HELPING ME IN

    RESOLVING ISSUES. LAST BUT NOT THE LEAST, I THANK MY WELL WISHERS

    FOR THEIR CO-OPERATION.

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    DECLARATION

    I HEREBY DECLARE THAT THE PROJECT REPORT TO STUDY THE DEMAND FOR

    NUMBER PORTABILITY IN YOUTH IN VIRGIN MOBILE, CHENNAI SUBMITTED

    FOR THE FULFILMENT OF MASTER OF BUSINESS ADMINISTRATION(MBA)

    PROGRAMME (2008-2010) UNDER ISBR BUSINESS SCHOOL, CHENNAI WHICH

    TO THE BEST OF MY KNOWLEDGE AND BELIEF HAS NOT BEEN SUBMITTED TO

    ANY OTHER INSTITUTE OR PUBLISHED BEFOREHAND.

    DATE: - 31.03.2010

    BISHNU AGRAWAL

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    Content

    PART 1 RESEARCH REPORT

    1.Methodology used

    2.Findings

    3.Analysis

    4.Recommendations.

    PART 2 PROMOTION REPORT

    1. Experience / learning from the activity

    2.Recommendation.

    PART 3 SALES REPORTS

    1.Number of sales done

    2. Experience learning from the activity

    3.Recommendation.

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    PART 1

    RESEARCH REPORT

    A research report has been prepared on the topic chosen. The

    four main components of research report are:

    1. Methodology used

    2. Findings

    3. Analysis

    4. Recommendations.

    The research goes through the above four steps. A detail study

    has been done on various areas of Virgin Mobile concentrating on

    the topic. The research goes like the below.

    1. METHODOLOGY USED

    Lots of methods are used to conduct a research on a given

    topic. My chosen topic is Demand for number portability in youth.

    To find out various factors affecting the demand among the youth

    to change mobile service provider having same number, a survey is

    conducted.

    In the 1st phase of the survey, 30 students are taken to

    perform the survey.

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    In the 2nd phase total of 60 students are taken to do a

    complete survey on the demand to change mobile service provider

    with same number.

    2. FINDINGS

    The final survey has been conducted among 60 students.

    Followings are the findings based on 60 surveys.

    a. 65% students are using Nokia handset.

    b. 28% students are using Aircel, 27% students are using

    Airtel, 21% students are using Vodafone and rest 24%

    students are using some other operators.

    c. 53% students spend Rs. 301 to 800 per month and 43%

    students spend less than Rs.301 per month.

    d. 47% students have 51 to 100 contact numbers and 33%

    students have 101 to 300 contact numbers.

    e. 90% students are satisfied with their current mobile service

    provider.

    f. 57% students have changed their mobile number earlier.

    g. 71% students have changed their number 1 to 3 times and

    29% for 4 to 7 times.

    h. 64% students changed their number as better tariff has

    been provided by other network and 18% due to more

    friends on other network.

    i. 63% students intended to change their number again.

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    j. Only 30% students tell that change in number stop them to

    change the service provider.

    k. Only 9% students tell that they will change the service

    provider if the number remains same.

    l. 60% students are ready to pay to change the service

    provider with same number.

    m. 47% students are ready to pay up to Rs. 100 to change the

    service provider with same number.

    3. ANALYSIS

    An analysis is done regarding why the students are willing to

    change the number. 64% students changed their number as they

    are getting better service from other service provider. 18% students

    changed their number as they have more friends in other network.

    6% students changed their number due to bad service and only 3%

    students have changed their number as their sim card was blocked.

    37% students still want to change their number but they do

    not bother about the change in number. 70% students told that

    change in number do not stop them to change the service provider.

    58% students told that they will think over changing the

    service provider if the number remains same.

    4. RECOMMENDATION

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    Students do not bother about change in number but they want

    better tariff plans as 64% students have changed their number

    previously for better tariff plan.

    We should think over providing better tariff plan to attract

    more customers.

    37% students still want to change their number and if better

    tariff plan is provided they will change their number.

    We should keep the number same if a customer wants to

    change his number as 58% may change their service provider

    if the number remains same.

    We should come with various offers to attract more customersas 28% users use Aircel Network for new offers.

    Special offer should be given to the users who spend more

    than 500 as 53% students spend between Rs. 300 to 800.

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    PART 2

    PROMOTION REPORT

    Various promotional activities have been performed during the

    project to create awareness among the students about Virgin

    Mobile. Various methods are used to promote the product of Virgin

    Mobile.

    Some of the promotional activities include the following.

    a. Giving PowerPoint presentation to the students regarding the

    products and tariff of Virgin Mobile.

    b. Mail and SMS are sent to create awareness about the launch of

    GSM service by Virgin Mobile.

    c. Gifts are given to the students who became the customers of

    virgin mobile.

    d. I invited all the friends to join the facebook community of

    virgin mobile to create awareness about the virgin mobile in

    GSM service.

    e. Various competitions are organized like T-shirt designing,

    video uploading etc. and all friends are invited to vote for the

    best person.

    f. Social responsibility is taken care of like Green India and a

    step is taken to make India and the world Greener.

    1. EXPERIENCE/LEARNING FROM THE ACTIVITY

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    a. By doing various promotional activities I learn the marketing

    strategies and policies to promote a product.

    b. Such activities help to attract more and more customers as

    they come to know about the product from such activities.

    c. I learn the way to promote a product among a group of

    customer.

    Promotion creates awareness and awareness creates

    customers. So, if we promote well, we can have more customers.

    2. RECOMMENDATIONS

    a. Proper knowledge of tariff should be given to the customers.

    b. Should take part in various activities taking part in the city.

    c. Should introduce new offers especially for student like SMSrate cutter etc.

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    PART 3

    SALES REPORT

    Third phase is based on the sales. We were engaged in doingsales also. Sales activities were one of the value added in the

    project. We are asked to do some sales to know and understand

    various factors affecting sales.

    1. NUMBER OF SALES DONE

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    I did 5 sales as I got 5 only. But due to some problem all sales

    are not taken as good. Out of 5 sales 3 sales were considered to be

    good. The reason for the same is that 2 sim cards could not receive

    the FRC amount of Rs. 50 due to some problem.

    2. EXPERIENCE/LEARNING FROM THE ACTIVITY

    Sales is an art which should be included in our behavior to

    become a good sales person. Following things I learned from the

    sales activities.

    a. How to convince a person regarding the features, here tariff,

    of a product.

    b. Understanding the need of the customer.

    c. How to provide better service to make the sale good.

    d. How to generate trust on a product among the prospect

    buyers.

    e. How to provide after sales service.

    f. How to build a relationship.

    g. Understanding the tastes and preference of the people.

    h. What sort of knowledge to be passed to the customers.

    i. How to prepare ourselves before meeting a customer.

    j. What sort of questions may arise while closing a sale.

    k. Handling all the queries the customer efficiently.

    3.RECOMMENDATION

    a. Proper training should be given before asking to do the

    sales.

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    b. Proper product knowledge should be given to the sales

    person.

    c. Prompt action should be taken if any issue arises.

    d. Good offers for students should be launch.

    e. Sufficient retail outlets should be there to have easy

    availability of recharge cards to the customer.

    f. Proper relation with the dealers should be maintained.

    g. Thorough work on the tariff plan must be done taking under

    consideration the service of all other service provider.

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